In an open letter (PDF), The Health Care Transformation Task Force called on the Trump administration to continue efforts to replace fee-for-service payment models with value-based care.
The task force notes that payment and care delivery innovation have bipartisan support, and asked that the new administration and leaders in Congress make it clear to the healthcare industry that the support will continue.
“Given the significant industry investment and strong progress to date, we urge the new Administration and Congress to send signals of support and encouragement so this transition can be sustained,” the task force wrote. “This is not the time for policymakers to waver or reverse course, which would send a negative message to the industry and chill ongoing transformation efforts.”
As healthcare costs continue to skyrocket, the expense becomes unsustainable for both the healthcare industry and consumers, they explained. The letter suggest ways the Trump administration can show its commitment to lower U.S. healthcare costs.
The task force’s efforts are an example of private sector leadership that Trump has praised, they wrote, but progress will be stymied if the Centers for Medicare and Medicaid Services (CMS) doesn’t also get on board. CMS has long defended its Private Fee for Service (PFFS) model.
According to the letter, a sustainable value-based payment model is possible “by aligning private sector and public sector efforts.” Policymakers can remove the red tape hindering the private sector, they explained, but that alignment [with CMS] is key. In particular, they point to the Centers for Medicare and Medicaid Innovation as a source—a public-sector entity that has made great strides in payment and care delivery transformation.